Banking

There’s nothing simple about tax preparation, but when you run a small business it’s easy to make mistakes. And while most mistakes are ultimately inconsequential, an incorrect tax filing can lead to an audit or even a lawsuit. That’s why it’s important that you have proper assistance in business tax preparation and that you, as a business owner, understand the red flags that can get your company in trouble.…continue reading →

Public Provident Fund (PPF) not only allows you to maintain a savings account with enhanced benefits, but also provides you with tax exemption up to Rs. 1, 50,000 in a financial year under section 80C of the Income Tax Act, 1961. PPF is a widely popular investment scheme, backed by the government of India. A PPF account online enables you to earn an annual interest of 7.6% (as on January 1, 2018) on your annual savings, starting from Rs. 500 subject to a maximum of Rs. 1, 50,000 a year. PPF interest rate is subject to change every quarter and further calculations are done accordingly.…continue reading →

The success of any business requires a good understanding of financial management. A realistic and adaptable budget should be in place, particularly for small to medium sized enterprises (SME). The budget would need to be furnished with detailed information on the company’s cash flow as your SME could be headed straight to failure without this knowledge of your business. Leading insolvency practitioners in the UK, Business Rescue Expert, outline the planning process for your company budget, highlighting just how crucial it is to your corporation’s longevity.…continue reading →

Unfortunately, having a good idea isn’t enough to launch a business. While widespread internet access means the barriers to entry are much lower than they were in previous decades, you still need some amount of money to get your business off the ground. And while it may seem impossible to get started with bad credit, the good news is that alternative options do exist.…continue reading →